Algeria Plans New Hydrocarbons Law: Will Investors Bite?

Algeria plans new policy measures in an effort to revive IOC interest in its stagnating oil and gas sector. But while the intent is positive, institutional and political constraints continue to hold back implementation.

Algeria’s government has announced that it aims to introduce another round of revisions to its much-criticized oil and gas licensing regime this year, following several years of negligible overseas interest in exploration. Officials have also stated that controversial...